Aerohive Networks shares fall more than 20% on weak outlook
Aerohive Networks Inc. shares dropped in the extended session Thursday after the cloud-networking company forecast an outlook below Wall Street estimates. Aerohive shares fell 21% to $4.45 after hours. The company expects an adjusted third-quarter loss of 6 cents to 7 cents a share, compared with a previous forecast of a loss of 1 cent to 7 cents a share. Analysts surveyed by FactSet had forecast a loss of 4 cents a share. Aerohive also sees an adjusted fourth-quarter loss of 6 cents to 9 cents... Читать дальше...